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Author Question: A point lying to the northeast of the production possibilities frontier is A) unattainable. B) ... (Read 59 times)

biggirl4568

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  • Posts: 551
on: Jul 1, 2018
A point lying to the northeast of the production possibilities frontier is
 
  A) unattainable.
  B) efficient.
  C) inefficient.
  D) profitable.

Question 2

Refer to Scenario 14.4. Suppose that a subsidy is implemented on each unit of labor hired. Then the number of workers hired
 
  A) will decrease.
  B) will increase.
  C) will not change.
  D) will change in an indeterminate fashion.


wergv

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  • Posts: 365
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


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